SBI Mutual Fund has slightly reduced its stake in Solar Industries India, even as the company's stock continues its impressive upward trajectory. According to a recent exchange filing on June 4, 2025, SBI Mutual Fund sold 20,413 shares of Solar Industries India on May 30, 2025.

Despite this minor stake reduction by SBI Mutual Fund, Solar Industries India's shares have shown remarkable resilience and growth. The stock has been on a consistent climb, reflecting strong investor confidence and positive market sentiment. Over the past weeks and months, Solar Industries India has demonstrated significant gains, establishing itself as a strong performer in the industrial explosives and defense sectors.

In the past two weeks, Solar Industries India's stock has surged by approximately 25%, achieving new record highs. This surge reflects the company's robust financial performance, particularly its record earnings in the fourth quarter and the entire fiscal year 2025. A substantial contributor to this growth has been the company's defense segment, which has seen considerable expansion and success.

The company's market capitalization has surpassed ₹1.5 trillion, underscoring its strong position in the market. Future growth prospects appear promising, buoyed by a solid order backlog and strategic investments in expanding its operational capabilities.

Over the past year, Solar Industries India has provided impressive returns, with share prices increasing by approximately 62%. Looking at a broader timeline, the stock has delivered multibagger returns, growing over 333% in the last two years. This impressive performance is a testament to the company's effective management, strategic initiatives, and favorable industry dynamics.

Recent reports highlight that Solar Industries India experienced a notable increase in net profit, with a 37% jump in the March quarter. The company's revenue also saw substantial growth, increasing by 34.51% year-on-year. These figures underscore the company's operational efficiency and its ability to capitalize on market opportunities.

Furthermore, the company declared a dividend of ₹8.50 per share for the quarter ending March 2024, reflecting its commitment to delivering value to its shareholders.

While SBI Mutual Fund's decision to trim its stake may attract attention, it is essential to consider the broader context of Solar Industries India's performance and future prospects. The company's robust financials, strong growth in the defense sector, and positive market sentiment suggest that its upward trajectory is likely to continue.